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Bankhall Lane, Hale, WA15

North West

£2,500,000
Listed on 12/09/2025

Property Details

Bedrooms
6
Type
Detached
Area
6035 sqft

Description

This property presents an exceptional refurbishment opportunity featuring existing planning permission for significant renovation and expansion. Originally constructed in the 1910s, this detached Arts and Crafts home offers approximately 6,000 sq.ft of well-proportioned living space spread over three floors. The proposed renovations include a rear single-storey extension and a basement extension that incorporates a lightwell, allowing for enhanced natural light throughout the property. The current layout boasts various spacious reception areas, including a grand hallway with a sweeping staircase, an expansive open-plan kitchen with an island, and multiple living areas ideal for modern family life. Upstairs, a master suite with a dressing room and four additional bedrooms—each with ensuite facilities—provide ample accommodation. The basement's highlighted leisure space includes amenities such as a swimming pool and gym, which could elevate the home's value considerably. Set within an attractive 0.74-acre plot surrounded by mature gardens and trees, this location not only offers privacy but also presents possibilities for further landscaping improvements or redevelopment (subject to permissions). This property is well-suited for investors or homeowners looking to create their ideal residence in a desirable suburban area rich in architectural diversity.

Investment Analysis

(WA15 area)

Below Market Value

This property is priced -5.9% below area average per sq ft

-5.9%
Potential saving
This Property
£414/sq ft
Area Average
£440/sq ft
Avg Rent (weekly)
£494
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£2,920,940
10% above area average per sq ft
Potential ROI
+6.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (WA15)

Area prices are rising by +5.4% over the last 12 months
3 year growth: +5.0%
5 year growth: +15.4%
Investment Disclaimer: Analysis based on WA15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Bankhall Lane, Hale, WA15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£8,919
Based on a loan of £1,875,000 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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